Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Support NHPR's local journalism that brings clarity, context, and community!

What's Behind These High Gas Prices?

With Americans consuming 300 million gallons of gasoline every day, this really is a billion-dollar question. The answer? It's complicated. The U.S. is the world's biggest gasoline consumer, and it relies in part on imports of foreign crude oil to meet that need. Global crude supply and demand, which is influenced by politics, speculation and natural disasters, has a powerful effect on the cost of gas in America. Federal and state taxes, regulations and the cost of distribution top off prices at the pump.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Related Content

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.